RELEASE: 1Elevan Biopharmaceuticals, Inc. Announces the Development of Its Next-Generation Peptide Therapeutics Headquarters in Fishers, Indiana

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Fishers, Ind. ~ 1Elevan Biopharmaceuticals Relocates Headquarters to Fishers, Indiana

Fishers, Ind. - 1Elevan Biopharmaceuticals has officially announced its relocation from California to Fishers, Indiana. The company will establish its new headquarters in the Fishers Life Sciences and Innovation Park, representing a $7 million investment in a state-of-the-art facility.

The new 133,500-square-foot headquarters, located at 12001 Exit 5 Parkway, will serve as the company's primary operations center. It will feature an advanced pharmacy with category III, 503A/503B compounding capabilities and integrated telemedicine services for peptide therapy management and prescription fulfillment. The facility is designed to support the company's expansion into peptide manufacturing, innovative drug development, and contract development and manufacturing organization (CDMO) services.

According to Darrin Carrico, President and CEO of 1Elevan Bio, Fishers has emerged as a hub for biopharmaceutical innovation, manufacturing, and distribution. He believes that the city's unique ecosystem of established industry leaders and collaborative biotech companies creates an environment where breakthrough science and unfettered innovation can flourish.

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1Elevan Bio specializes in FDA-approved and FDA-expanded-access peptides. The company is committed to providing therapies that offer enhanced efficacy, superior safety profiles, and fewer unwanted side effects than traditional pharmaceutical approaches. Their focus on precision peptide therapeutics is driving a transformative shift in how diseases are treated.

Fishers Mayor Scott Fadness expressed his excitement about 1Elevan Bio's relocation to the city. He stated that Fishers has established itself as a global hub for innovation in life sciences and that this news is another example of their efforts to bring innovative companies and workforce to the community becoming a reality.

The move will create 120 specialized positions in Indiana while maintaining satellite operations in California and Florida for comprehensive national coverage. This strategic distribution will enable the company to deliver a complete spectrum of peptide therapeutics and services across key markets.

For several executive team members who are Purdue University alumni, this relocation represents a homecoming. This connection positions 1Elevan Bio to explore strategic partnerships with their alma mater, tapping into cutting-edge research programs and emerging talent in the biopharmaceutical sector.

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To support its aggressive growth strategy, 1Elevan Bio has recently appointed Todd Krasinsky as Chief Commercial Officer. Mr. Krasinsky, who brings extensive experience in the healthcare industry, will spearhead the development of strategic partnerships with peptide industry experts and drive commercial innovation initiatives.

Construction is currently underway for 1Elevan Bio's next-generation facility, positioning the company for rapid market expansion. The investment in high-tech infrastructure reflects their commitment to becoming a dominant force in the peptide therapeutics industry.

The Fishers City Council has formally welcomed 1Elevan Bio during this week's meeting with approval of an economic development agreement. The company's relocation to Fishers is expected to have a significant impact on the local economy and further solidify the city's position as a leader in life sciences innovation.

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